Zalando SE (ZAL) Given a €53.00 Price Target at Warburg Research

Warburg Research set a €53.00 ($61.63) price target on Zalando SE (FRA:ZAL) in a report published on Tuesday, October 17th. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also weighed in on ZAL. Royal Bank Of Canada set a €42.00 ($48.84) price target on Zalando SE and gave the company a neutral rating in a research report on Monday, June 19th. Goldman Sachs Group, Inc. (The) set a €48.00 ($55.81) price objective on Zalando SE and gave the stock a buy rating in a research report on Tuesday, June 20th. Deutsche Bank AG set a €36.00 ($41.86) price objective on Zalando SE and gave the stock a neutral rating in a research report on Wednesday, June 21st. Commerzbank Ag set a €50.00 ($58.14) price objective on Zalando SE and gave the stock a buy rating in a research report on Wednesday, June 21st. Finally, Baader Bank set a €48.00 ($55.81) price objective on Zalando SE and gave the stock a buy rating in a research report on Wednesday, June 21st. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of €45.51 ($52.91).

Zalando SE (FRA ZAL) traded down €0.31 ($0.36) during trading hours on Tuesday, reaching €43.42 ($50.49). The company had a trading volume of 474,137 shares. Zalando SE has a 1 year low of €33.81 ($39.31) and a 1 year high of €45.37 ($52.76).

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